Universal Insurance Holdings Inc. (NYSE:uve) announced a dividend on Wednesday, November 16th. Investors of record on Thursday, December 1st will be paid a dividend of 0.27 per share on Monday, December 12th. The ex-dividend date is Tuesday, November 29th. This is an increase from Universal Insurance Holdings’s previous dividend of $0.12.

Shares of Universal Insurance Holdings (NYSE:UVE) opened at 25.40 on Thursday. Universal Insurance Holdings has a one year low of $15.86 and a one year high of $25.71. The company has a 50-day moving average price of $22.06 and a 200 day moving average price of $21.36. The company has a market capitalization of $890.04 million, a price-to-earnings ratio of 7.86 and a beta of 1.81.

Dividend History for Universal Insurance Holdings (NYSE:uve)

Large investors have recently modified their holdings of the stock. BlackRock Inc. raised its stake in shares of Universal Insurance Holdings by 24.6% in the second quarter. BlackRock Inc. now owns 6,275 shares of the company’s stock valued at $116,000 after buying an additional 1,240 shares during the last quarter. KCG Holdings Inc. acquired a new stake in shares of Universal Insurance Holdings during the third quarter valued at about $269,000. Thrivent Financial for Lutherans raised its stake in shares of Universal Insurance Holdings by 6.0% in the second quarter. Thrivent Financial for Lutherans now owns 15,650 shares of the company’s stock valued at $291,000 after buying an additional 890 shares during the last quarter. Arizona State Retirement System raised its stake in shares of Universal Insurance Holdings by 2.4% in the second quarter. Arizona State Retirement System now owns 16,740 shares of the company’s stock valued at $311,000 after buying an additional 400 shares during the last quarter. Finally, Advisor Group Inc. acquired a new stake in shares of Universal Insurance Holdings during the second quarter valued at about $510,000. Hedge funds and other institutional investors own 72.01% of the company’s stock.

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About Universal Insurance Holdings

Universal Insurance Holdings, Inc (UVE) is a private personal residential homeowners insurance company in Florida. The Company performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. The Company writes personal residential homeowners insurance policies, predominantly in Florida.

5 Day Chart for NYSE:UVE

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